2 weeks Ago By Defense World Staff
DICK’S Sporting Goods, Inc. ( NYSE:DKS – Free Report ) – Stock analysts at Wedbush reduced their FY2027 EPS estimates for shares of DICK’S Sporting Goods in a research note issued on Wednesday, November 20th. Wedbush analyst S.
Basham now expects that the sporting goods retailer will earn $15.59 per share for the year, down from their previous forecast of $16.17.
Wedbush has a “Neutral” rating and a $250.00 price target on the stock. The consensus estimate for DICK’S Sporting Goods’ current full-year earnings is $13.
91 per share. Several other analysts also recently commented on the company. Telsey Advisory Group raised their price objective on DICK’S Sporting Goods from $255.
00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. JPMorgan Chase & Co.
lifted their price objective on DICK’S Sporting Goods from $211.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, September 9th.
UBS Group increased their target price on DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th.
Citigroup cut their price target on shares of DICK’S Sporting Goods from $243.00 to $230.00 and set a “neutral” rating on the stock in a research note on Thursday, September 5th.
Finally, Evercore ISI reissued an “outperform” rating and set a $280.00 price objective on shares of DICK’S Sporting Goods in a research report on Thursday, September 5th. Nine research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock.
According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $244.62.
DICK’S Sporting Goods Stock Performance Shares of DKS stock opened at $210.16 on Friday. The stock has a market cap of $17.
11 billion, a PE ratio of 15.42, a price-to-earnings-growth ratio of 2.29 and a beta of 1.
64. The stock has a 50-day moving average of $205.72 and a 200-day moving average of $210.
31. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.
77 and a quick ratio of 0.69. DICK’S Sporting Goods has a one year low of $119.
84 and a one year high of $239.30. DICK’S Sporting Goods ( NYSE:DKS – Get Free Report ) last released its earnings results on Wednesday, September 4th.
The sporting goods retailer reported $4.37 EPS for the quarter, beating the consensus estimate of $3.77 by $0.
60. DICK’S Sporting Goods had a return on equity of 45.14% and a net margin of 8.
46%. The company had revenue of $3.47 billion during the quarter, compared to analysts’ expectations of $3.
44 billion. During the same period last year, the firm earned $2.82 EPS.
The business’s revenue for the quarter was up 7.6% on a year-over-year basis. DICK’S Sporting Goods Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, October 4th.
Stockholders of record on Friday, September 20th were issued a $1.10 dividend. The ex-dividend date was Friday, September 20th.
This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.09%.
DICK’S Sporting Goods’s payout ratio is 32.28%. Institutional Trading of DICK’S Sporting Goods A number of hedge funds have recently made changes to their positions in DKS.
ICA Group Wealth Management LLC bought a new position in shares of DICK’S Sporting Goods in the second quarter valued at about $28,000. Brooklyn Investment Group bought a new position in DICK’S Sporting Goods in the 3rd quarter valued at about $27,000. Covestor Ltd lifted its position in DICK’S Sporting Goods by 70.
5% during the first quarter. Covestor Ltd now owns 133 shares of the sporting goods retailer’s stock worth $30,000 after acquiring an additional 55 shares during the last quarter. Innealta Capital LLC bought a new stake in shares of DICK’S Sporting Goods during the second quarter worth approximately $31,000.
Finally, ORG Partners LLC acquired a new position in shares of DICK’S Sporting Goods in the second quarter valued at approximately $30,000. 89.83% of the stock is owned by institutional investors and hedge funds.
About DICK’S Sporting Goods ( Get Free Report ) DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories. Featured Articles Five stocks we like better than DICK’S Sporting Goods What Investors Need to Know About Upcoming IPOs Vertiv’s Cool Tech Makes Its Stock Red-Hot Most active stocks: Dollar volume vs share volume MarketBeat Week in Review – 11/18 – 11/22 Best Stocks Under $5.
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